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Corporate Groups take aim at Hodes in New Hampshire

Thu, 09/02/2010 - 3:05pm — Brian

What happens when a principal leader in the fight for greater corporate accountability runs for higher office? He becomes the target of a tremendous and misleading assault by new corporate-backed groups that have gained new prominence in the wake of Citizens United.

As one of the first leaders to introduce a Constitutional Amendment to overturn the Supreme Court’s 5-4 decision Citizens United, New Hampshire Congressman and Senate candidate Paul Hodes understands the risks posed by swelling corporate power. He has also signed the Pledge to Protect America’s Democracy, which asks candidates to give Congress back the right to curtail electoral spending by corporations.

Pro-corporate organizations such as the Chamber of Commerce and the American Action Network have started to pummel Hodes with ads in order to tear down his run for the open Senate seat vacated by Sen. Judd Gregg, one of Wall Street’s champions in Congress. The Chamber of Commerce, which has pledged to spend $75 million altogether in the 2010 elections, has already committed $1 million to criticize Hodes over the airwaves. Political Correction describes the Chamber of Commerce’s anti-Hodes advertisement as “deeply dishonest” and responsible for employing grandiose and embellished allegations regarding health care reform.

The American Action Network has spent $500,000 against the Congressman, which is unsurprising since the organization is led by a mix of Wall Street moguls and their advocates. Their ads in the New Hampshire race have come under such scrutiny that even a former Republican state senator who is supporting GOP frontrunner Kelly Ayotte co-wrote an op-ed which claims that the group’s ad campaign against Hodes is filled with “gross inaccuracies” that “corrode public confidence in the political process, and are completely contrary to the national interest.”

According to Democracy 21, even though these groups are spending large sums attacking progressive champions like Paul Hodes, they have not disclosed their donors to the FEC. Kenneth Doyle of the good-government group writes that the Chamber “provided no information in their FEC reports about where they get the millions of dollars used to pay for their political advertising.” Like the Chamber, the American Action Network “provided no information about any donors supporting the group’s campaign efforts.” Consequently, New Hampshire voters may never know which corporations or individuals are behind the enormous endeavor to vilify Paul Hodes and his effort to rein in corporate clout in government and abuses on Wall Street.